Fawaz Abdulaziz Alhokair Co. delivers strong first half underpinned by solid operational and ongoing strategic delivery to drive profits and sustainable growth
H1-FY22 top line grows 74.9% y-o-y to SAR 3.1 billion and exceeds pre-pandemic H1-FY20
Second sustainably profitable quarter in a row with Q2-FY22 net profit of SAR 20.9 million
Margins restored to pre-pandemic level with Q2-FY22 gross margin at 17.1% and EBITDA margin of 11.4%
Strengthening of financial position through proposed SAR 1.0 billion rights issue
